What do I need to bring to my tax appointment?
Tax season is here, and you are starting to think… Man, what do I need to remember to bring this year? The good news is: we have a simple tax checklist you can find HERE. We also send you everything you need to know in your client organizer. This packet includes our engagement letter as well as a list of questions to help brainstorm any documents or information we need [...]
The 5 Most Common Tax Questions
At Molen & Associates your tax preparation experience begins with a one-hour interview with one of our many competent tax professionals. You sit across the desk from them and as you hand them documents they ask you questions about your year. This hour is one of the most important financial hours of not only your previous year, where we handle the accounting of your income tax, but also for your [...]
How much money should I withhold from my paycheck?
This topic is one of those should be really simple things, that is so far from simple it is absurd. The simplest way to answer it, would be the very basic – it needs to be enough to satisfy the tax impact your earnings create. If you will owe IRS $2,000.00 because of how much you make, you need to withhold $2,000.00 from your paycheck. Sadly, no one knows how [...]
Taxes: 25 Fun Facts
Now that tax season has officially begun, we thought it would be fun to start out the season with some fun tax facts. Enjoy! Did you know that in the U.K, everyone under the age of 75 years old must pay a tv license fee? Got a beard? During Peter the Great’s time...He taxed men for having beards. Costs for relocating your pet can be written off if you’re relocating [...]